Relevant and even prescient commentary on news, politics and the economy.

Scott Brown Solves the Mystery of What All Those Mega-Corporations Are Doing With Their Record Profits

They’re spending it on lawyers! I’m not kidding.  Brown told a 27-year-old Fidelity Investments retirement specialist that big corporations can’t afford to hire people because they’re spending so much money on lawyers.  Which they have to do because of all those regulations.  Which is why he wants to “loosen regulations on big companies”: “So they […]

Alison Lundergan Grimes vs. The Kentucky Newspaper Editorial Boards That Endorsed Her Today

Two major Kentucky newspapers have endorsed Alison Lundergan Grimes for Senate over incumbent Senate Minority Leader Mitch McConnell (R). The Courier-Journal and the Lexington Herald-Leader both ran editorials Sunday in support of the Democrat, who currently serves as Kentucky’s Secretary of State. In its endorsement, the Courier-Journal’s editorial board praised Grimes’ stance on issues like the minimum wage […]

Low flush fallacies

David writes a short and ‘meant to encourage discussion’on retail level water use and campaigns to ‘save’ water. In short, the question/answer involves taking a look at what the whole cycle is for your watershed, which many of us are only vaguely aware. The comments that follow at Aguanomics are helpful in considering responses. by […]

SEASIDE SOCIALISM

Back in 2007 the state of Florida changed the way to insure beach properties and is mentioned at Angry Bear here. Reuters reports here here and Waters edge crisis. SEASIDE SOCIALISM Breakneck development at the shore has trapped Florida in a costly Sisyphean effort to maintain its perpetually eroding beaches. More than a tourist attraction, […]

Chris Christie Says We Should Not Treat Ebola Patients, Because No One Wants Their Kids to Get Ebola, and Anyway We’re Trying to Develop an Ebola Vaccine.

Okay, here’s what Christie actually said: I’m tired of hearing about the minimum wage. I really am. I don’t think there’s a mother or father sitting around the kitchen table tonight in America saying, ‘You know, honey, if our son or daughter could just make a higher minimum wage, my God all of our dreams would be […]

Both the rich and ordinary Americans misunderstand their economic interests

by Linda Beale Both the rich and ordinary Americans misunderstand their economic interests There is class warfare going on, right now, all across this country.  It’s highlighted by the election gimmicks and gambits of those on the right who claim to be supporting ordinary Americans but whose real intentions show in the results. And it […]

In the ‘Be careful what you wish for’ category …

Is it just me, or did Joni Ernst just effectively announce that she wants to kill farm subsidies?  Of course, how effectively she announced it will depend on whether her opponent, Bruce Braley, picks up this ball and runs with it. Although maybe she’s talking about something else she thinks is pork. Be careful what […]

The result of taxpayers’ financial bailout of GMAC

Linda Beale announced her return to blogging after the death of her husband here.   (Dan here…Welcome back to blogging Linda.) by Linda Beale The result of taxpayers’ financial bailout of GMAC GMAC, as most of you likely know, was General Motors’ financial group.  GMAC had originated as a means for the auto company to […]

About that “State and local governments are closer to the people” thing …

Indeed, they are; state and local governments are closer to the people.  It’s just that the people they’re closer to probably aren’t, well … you. So, here’s a question: Why isn’t, say, Kay Hagan, who’s running against the Speaker of the State House*, or Charlie Crist, who’s running against Florida governor Rick Scott, um, mentioning this in their […]

Try THIS, Michelle Nunn ….

Dem Senate candidate Michelle Nunn is up with a new ad that contains footage of GOPer David Perdue telling a local TV station that he is “proud” of his outsourcing past. This footage could prove especially potent in a state with such high unemployment, but Nunn trails Perdue by nearly four points in the polling average, which is […]